K 2 TOTALBYG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K 2 TOTALBYG ApS
K 2 TOTALBYG ApS (CVR number: 12584075) is a company from FAXE. The company recorded a gross profit of -389.5 kDKK in 2023. The operating profit was -491.7 kDKK, while net earnings were -582.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K 2 TOTALBYG ApS's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 192.13 | - 119.22 | -78.58 | - 368.82 | - 389.51 |
EBIT | - 362.57 | - 286.95 | - 218.39 | - 501.30 | - 491.69 |
Net earnings | -1 173.54 | - 249.49 | -1 109.34 | 754.31 | - 582.73 |
Shareholders equity total | 11 694.61 | 11 445.12 | 10 335.77 | 11 090.09 | 10 507.36 |
Balance sheet total (assets) | 15 919.30 | 16 200.05 | 14 754.36 | 15 689.20 | 15 265.17 |
Net debt | -1 572.25 | - 912.07 | -1 664.77 | -2 794.52 | -2 296.46 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.0 % | 0.9 % | -0.5 % | 9.7 % | -1.6 % |
ROE | -8.2 % | -2.2 % | -10.2 % | 7.0 % | -5.4 % |
ROI | -2.0 % | 1.0 % | -0.5 % | 9.8 % | -1.6 % |
Economic value added (EVA) | - 975.91 | - 541.46 | - 490.15 | - 598.25 | - 586.30 |
Solvency | |||||
Equity ratio | 73.5 % | 70.6 % | 70.1 % | 70.7 % | 68.8 % |
Gearing | 34.6 % | 36.8 % | 41.9 % | 40.8 % | 44.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.7 | 1.5 | 1.6 | 1.5 |
Current ratio | 1.8 | 1.7 | 1.5 | 1.6 | 1.5 |
Cash and cash equivalents | 5 621.31 | 5 123.09 | 5 999.20 | 7 318.51 | 6 998.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
Variable visualization
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